Question

how does the United States unemployment rate look like today compared to the past decade

Answer 1

As compare to last deccade us average unemployment rate was lower comparatively as in last decade it was around 6 % or above on average, while 5% around in this decade .but recent slow down in global GDP again increase it to more than 10%.during recession in 2007-2009 it was around 9% .

Recently recession is due to covid 19 and cyclic slow down in global gdp , which reflect in job cut and thus increasing inflation.

2011 8.5% 2012 7.9% 2013 6.7% 2014 5.6% 2015 5.0% 2016 4.7% 2017 4.1% 2018 3.9% 2019 3.5%

2002 6.0% 2003 5.7% 2004 5.4% 2005 4.9% 2006 4.4% 2007 5.0% 2008 7.3% 2009 9.9% 2010 9.3%
source:The ​U.S. Bureau of Labor Statistics